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Technology Stocks : Oracle Corporation (ORCL)
ORCL 227.00-3.9%Nov 12 3:59 PM EST

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To: Neil H who wrote (18303)9/12/2003 10:03:57 AM
From: robert b furman   of 19079
 
Continuing my selling of naked puts - hoping for sideways price action and premium decay I've just kicked out my next wave of puts to December 12.50's.

Sold 25 contracts at 1.05 and 25 at 1.10.Filled on the A.M. dip to 12.05.

If put to me I'd buy 5000 shares at 11.47 ish.It held 11.60ish last dip.

If Oracle is over 12.50 on the 3rd friday of Decmber - I'll keep 5000 plus for making the commitment.

Time will tell.

Bob
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